₦airaland Forum

THE health of a government is largely a measure of the ingenuity of its driver in appropriately decoding the vari­ables in the macro economy of the surrounding political environment. It is dependent on the skillful deployment of aspects of the larger economy to background, intersect and complement the economic nuances of the referenced domain. The ability to harness usable possibilities in the context of militating odds summarises Anambra’s thriv­ing economy in the face of a nation that runs cycles ratio­nalizing otherwise spasmodic impulses in the theatrics of stemming corruption.

Anambra State enjoys none of the jumbo receipts from the Federation Account derivable from either oil privileg­es, federal assisted ventures domiciled in select states in Nigeria, or from the beneficence of a willfully overbearing and very often arbitrary Presidency. Though the state has a verifiable endowment in oil and gas; though it mentors a refinery that posts indigenous ownership, Anambra is yet to enjoy accruals from membership of oil producing states. It still suffers formal exclusion from the comity of petrol states, despite an official declaration of former President Goodluck Jonathan effecting that the state has not only struck oil but hosts a refinery in Aguleri, Anam­bra East Local Government Area. Regardless of these limitations and despite the crippling effects of dwindling oil price across Nigeria, Anambra State Government has continued to discharge its obligations to the citizens and residents of the state.

This is for the simple reason that the Governor, Chief Willie Obiano, maintains proactive response to the de­mands of governance, particularly in relation to the state’s economy. He considers the economy the fulcrum of any government, determined to attain success in ensuring bet­ter life for the people. Chief Obiano assumed office with an economic blueprint tailored towards grooming the economic activities in the state to compete favourably with thriving economies across the globe. The imperative of the 4pillar development agenda of Agriculture, Industrialization, Trade & Commerce and Oil & Gas which formed the kernel of the governor’s inaugural address March, 2014, is the upholding of private and public entrepreneurship as the bedrock of his dream for a vibrant and sustainable economy in the state. Chief Obi­ano opted for providing all the economic enablement that will facilitate a comprehensive growth of a private sector driven state economy. This provoked ‘economic enablers’ as a popu­lar entrant into the register of discourses on Anambra state. The enablers include improved security, road infrastructure, health, education, improved power supply and provision of other vital utilities which are prerequisites for optimal performance of the economy. In less than two years of its inception, Obiano ad­ministration has continued to improve on its gains in providing the various enablers.

Anambra State, for instance, has not only shed the notoriety of a crime endemic environment, it has maintained a steady rise in its profile as a business-friendly economic enclave with one of the least incidences of crime, despite the large volume of business activities and the attendant daily huge cash turnover. The security alert in the state sounded loud and clear within two weeks of this regime with Chief Obiano’s convocation of a crit­ical Security Summit. This engendered the security mapping of the state, taking into cognizance crime flashpoints and the pe­culiarities of the challenges in the state. The State Government has continued to deploy enormous strategic energy in logistics which underscores Governor Obiano’s passionate commit­ment towards improving and safe guarding lives and property in the state. In less than two years the government has provided hundreds of fully equipped security vehicles to the police and other vital security groups operating in the state. This, with the governor’s favourable disposition to workers’ welfare, has translated to the brilliance Anambra shows in crime control.

With assurances of safety early in the administration, Anambra State Investment Promotion and Protection Agen­cy, ANSIPPA, was constituted to drive high profile invest­ments in the state. This one-stop-shop for prospective inves­tors has continued to facilitate a steady influx of investments into the state. With its superintending over well above $3bn investment portfolios in the state, ANSIPPA enjoys core rel­evance in Chief Obiano’s scheme for a self-sustaining econ­omy. The revolution that this agency anchors, particularly in agriculture and industrialization, became clearer to me after an engaging discussion with a crop of informed analysts in wealth creation whose conviction that the multiplier effects of the steadily increasing corporate participation in agricul­ture and industries in Anambra in four years would propagate economic tourism in the state was relentless.

As an experienced investment banker who advised, men­tored and managed blue chip international investments in the past, Chief Obiano pried into time and foresaw possible pains of laying his hope of state administration solely on receipts from Abuja. In less than two years of the administration, the state Internally Generated Revenue has grown well beyond N2bn from the pre-Obiano optimum. This has been made possible through means which include plugging leakages and encouraging taxable persons and bodies to meet their civic obligation to the state. The increasing presence of prom­ising businesses in the state is a vital sign that the governor’s dream for greater internal receipts is unarguably in sight.

With this economic mix and the administrative expertise of Chief Willie Obiano, Anambra State has remained among the very few elite states in Nigeria which fairly grapple with the financial demands of state administration.



http://sunnewsonline.com/new/anambra-surviving-the-ailing-national-economy/

Osun state gov should read this

Tho this is very good news... . But I feel the state can do far more than this

AtlanticBreeze what do you want to add?

Very good news. Time our governors started looking inwards

That state currently is the best state in Nigeria

Mynd44:
Very good news. Time our governors started looking inwards

Most of dem are indomie brained...no clear cut blueprint to run the state

Commendable. Though I strongly believe that Anambra IGR should be second only to Lagos. It's either the state is tax friendly to businesses or their is a loophole some where. My favorite state; run and inhabited by people who reason like whites...DO FOR YOURSELF!

mrvitalis:
Tho this is very good news... . But I feel the state can do far more than this

Troll alert!Even if u aint from the state,give em the credits

Willie is working...Rochas is their saying IMO is broke,useless Governor.

Schematics:
AtlanticBreeze what do you want to add?

obiano is a legend man. This is a man that understands governance.. So finally Victor Umeh is going unopposed and Chris Ubah will soon be a Senator? Interesting times. Cc Cuche

Nwanne m I tire for Chris own although Andy is sticking to his gun..

AtlanticBreeze:
obiano is a legend man. This is a man that understands governance.. So finally Victor Umeh is going unopposed and Chris Ubah will soon be a Senator? Interesting times. Cc Cuche

mrvitalis:
Tho this is very good news... . But I feel the state can do far more than this

it's a very good start from the present governor. Under the previous administration of peter obi 2 years ago, the state was only recording 500 million as IGR monthly, if it took obiano just 2 years to increase it to 2 billion we can only hope it improves in the future

MISSNORA:
Troll alert!Even if u aint from the state,give em the credits

Bro am from imo jor... I know the state.. . This is a step in the right direction but I feel this is nothing compared to what can be done.. .
... Anambra has the potential to have a revenue per month of over 20bn

Schematics:
Nwanne m I tire for Chris own although Andy is sticking to his gun..

if na you nko.... lol.. Chris is already a Senator whether he likes it or not.. just watch as it unfolds

I love this

wow.. commendable

Ogun state is currently on 6billion, projecting 10billion by the end of the year

98 percent of investments in Anambra are owned by the indegenes and you expect the government to tax them the way they tax foreign investments

Still on the low side

What of that of Osun State

This is good news....
If Egypt can become the granary of Rome, then all those Anambra bigmen should in addition to improving their state's agro output invest in the food basket of Igboland which is Ebonyi state.
This way,Igboland would be primed for the export of rice,garri and oil(I mean palm not crude oo). Even cashews from okigwe region and wine from palm trees can be modified for export too.
Anambra has the largest concentration of bigmen in Igboland,so I wonder why they're not expanding and boosting the economy of Igboland

mrvitalis:
Tho this is very good news... . But I feel the state can do far more than this

I agree with you.

Jonnyseg:
Ogun state is currently on 6billion, projecting 10billion by the end of the year

buhhahahahaahahahhaahaha OGUN STATE hahahahahahahah

pls state your source

Nice 1
Pay Ur Tax............